CENTURY 21 Edge
Short-Term Rental Eligible
$2,075$2,2502 bd2 ba1,080 sqft$2 /sqft$175 /mo all-in ↓

5370 MYRTLE WOOD ROAD UNIT 56, SARASOTA, FL, 34235

Active65 days on marketListed Jun 12, 2026MLS #A4696956

Priced 99% below the SARASOTA 34235 medianReduced $175VillaSOMERSET

About this home

5370 MYRTLE WOOD ROAD UNIT 56

Tucked into the desirable Meadows community, this end-unit villa at 5370 Myrtle Wood blends modern style with everyday ease. Spanning 1,080 square feet, this 2-bedroom, 2-bathroom home greets you with vaulted ceilings, abundant natural light, and a fresh, contemporary feel throughout. The reimagined kitchen steals the spotlight, showcasing crisp white shaker cabinetry, elegant stone countertops, and newer modern fans and light fixtures that elevate every room. Practical touches abound, including a carport with extra storage for bikes and gear. The community pool sits just a short stroll away, perfect for cooling off on warm Florida afternoons. Long-term tenants gain access to the coveted Renaissance Package, unlocking golf, tennis, pickleball, a fitness center, and much more. Location is a standout. The UTC Mall corridor lies right around the corner, delivering endless shopping and dining. Nathan Benderson Park beckons for rowing events and waterfront recreation, while families will love nearby attractions like the Mote Science Education Aquarium and PopStroke. Downtown Sarasota and the region's famed beaches are just a 20-minute drive away.

Facts & features

The home at a glance

2

Bedrooms

2

Bathrooms

1,080

Sqft

6.2 ac

Lot size

1981

Year built

One

Levels

$2

Per sqft

Park/Greenbelt & Pool view

Inside

AppliancesDishwasher · Disposal · Dryer · Electric Water Heater · Microwave · Range · Refrigerator · Washer
InteriorCeiling Fan(s) · Solid Surface Counters · Solid Wood Cabinets
LaundryInside · Laundry Closet
CoolingCentral Air
HeatingCentral

Outside & construction

ViewPark/Greenbelt · Pool

Community & fees

PetsNo
CommunityFitness Center · Irrigation-Reclaimed Water · No Truck/RV/Motorcycle Parking · Playground · Pool · Sidewalks · Tennis Court(s)

Utilities & systems

The numbers

What it really costs

Principal and interest plus estimated taxes and insurance. Run your own numbers below.

$175 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$12
FHA mortgage insurance (est.)$1
Est. property taxes (1.1%/yr)$2
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $73Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesEstimated at 1.1%/yrInsuranceFlorida estimate

FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type
Down payment3.5% · $73
Interest rate6.00%
Loan term

Estimated payment

$175/mo

Principal & interest$12
FHA mortgage insurance (est.)$1
Est. property taxes$2
Est. insurance$160

Includes FHA mortgage insurance and the financed 1.75% upfront premium. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

$/sqft vs SOMERSET

$2 vs $176

Days on market

65 vs 63 typical

Where $2/sqft sits among the 17 homes for sale in SOMERSET

3 · this home
8
5
0
0
1
$2–107$107–212$212–317$317–422$422–527$527+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

The investor lens

Two ways this home pays

This home sits inside Somerset, a community zoned to allow true short-term rentals — so it can earn as a nightly rental or a traditional lease. Here’s how the two paths compare.

Short-term rental

Zoned & eligible

Nightly rentalsAllowed
CommunitySomerset
Fine-tuned for this homePrepared free by our team
Get the free rental analysis

Projected nightly rate, occupancy and annual revenue for this exact home.

Long-term rental

$3,650/mo median

MarketSarasota
Annual gross at median$43,800
Gross yield on this price2110.8%
Homes for rent right now1,239

Live Sarasota rental listing data — this home’s rate depends on size, condition and furnishing.

Where it sits

Inside Somerset

Map of 5370 MYRTLE WOOD ROAD UNIT 56 inside its neighborhood boundary

Drive times from this address

Downtown Tampa58 min
Tampa Int’l Airport (TPA)69 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Somerset is a short-term-rental community. See the full guide →

SARASOTA 34235 — neighborhood snapshot

Population

15,114

Median age

57.6

Median income

$72,948

Median home value

$338,200

Avg household

2.12

Households w/ children

1,116

For the school run

Sarasota County School District

ElementaryGocio Elementary School★★★★
MiddleBooker Middle School★★★★
HighBooker High School★★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Sarasota market

Seller’s marketLeans seller4.5 months of inventoryBuyer’s market

$475K$493K

Sarasota median sold, yr/yr

95.2%

Sale-to-list ratio (12 mo)

2 of 17

SOMERSET have cut their price

Median sold price, Sarasota, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 99% below the SARASOTA 34235 median. See the full Sarasota market guide →

Paper trail

This home's history

CurrentPrice reduced to $2,075 $175
Jun 12, 2026Listed at $2,250 · 65 days on market since
1981Built · SOMERSET

Reality check

What actually sold near 5370 MYRTLE WOOD ROAD UNIT 56

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

5370 MYRTLE WOOD UNIT 56Sold · Jun ’26

$200,000

5370 MYRTLE WOOD UNIT 56 · same community

2 bd · 2 ba · 1,080 sqft · $185/sqft · 147 DOM

2850 Somerset Dr # 208, Lauderdale Lakes FL 33311Sold · Feb ’26

$62,500

2850 Somerset Dr # 208, Lauderdale Lakes FL 33311 · same community

2 bd · 2 ba · 1,010 sqft · $62/sqft · 61 DOM

3825 Victoria Drive, West Palm Beach FL 33406Sold · Sep ’25

$300,000

3825 Victoria Drive, West Palm Beach FL 33406 · same community

2 bd · 2.5 ba · 1,218 sqft · $246/sqft · 42 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

Frantreshia Miller

Your agent

Frantreshia Miller

REALTOR® · CENTURY 21 Edge

Tours, negotiation, and every question about 5370 MYRTLE WOOD ROAD UNIT 56 — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 5370 MYRTLE WOOD ROAD UNIT 56 — before you fall in love.

See it in person

Schedule a tour

Live availability from Frantreshia's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.

Straight answers

5370 MYRTLE WOOD ROAD UNIT 56 FAQs

What would the monthly payment be for 5370 MYRTLE WOOD ROAD UNIT 56?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $175/mo — principal and interest, estimated property taxes and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

Can 5370 MYRTLE WOOD ROAD UNIT 56 be rented short-term?+

Yes — this home sits inside Somerset, a community zoned to allow short-term rentals. Nightly-rental income could change the math on this purchase entirely; request a free rental income analysis and our team will prepare projections for this exact home.

Are pets allowed at 5370 MYRTLE WOOD ROAD UNIT 56?+

The listing reports pets: No. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.

How does the price compare to other homes in Sarasota?+

At $2,075, this home is listed about 100% below the Sarasota median of $554,900. The market section on this page shows how the area is trending.

Which schools are assigned to 5370 MYRTLE WOOD ROAD UNIT 56?+

Gocio Elementary School (elementary), Booker Middle School (middle), Booker High School (high) — Sarasota County School District. Always verify school assignments with the district before relying on them.

The brief

Four things that matter here

01Under the SARASOTA 34235 market on paper

$2,075 is 99% below the SARASOTA 34235 median of $225,000, and at $2/sqft it sits under the Sarasota average of $493.

02Zoned for nightly rentals

Somerset is one of the communities zoned to allow true short-term rentals — nightly income could change the math on this purchase entirely. Ask for the free rental analysis below.

03Park/Greenbelt & Pool views

The park/greenbelt and pool view is part of what you're buying — views hold value independently of the structure.

04The price has already moved

Listed at $2,250, now $2,075 — a $175 cut. The full history is in the market section below.

Listing courtesy of STERLING REALTY · Shaun Cumston. MLS #A4696956.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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